Applications and nominations for graduating high school seniors from Rhode Island and eastern Connecticut are due April 1, 2025.
 
Centreville Bank is pleased to announce the return of three (3) college scholarships to help high school seniors further their education. This year, the bank is awarding $50,000 to students in Rhode Island and eastern Connecticut.
 
The Future Business Leaders scholarship is for high school recipients that demonstrate an entrepreneurial spirit and aspire to be an impactful business leader. Many students are interested in owning their own business and this scholarship fosters this dream while also recognizing the positive impact businesses can have in their local communities. Applicants must submit a business plan to bring their ideas to life. Each year, three (3) recipients will each be awarded a $5,000 Future Business Leaders scholarship.  

The Emerging Community Leader scholarship will recognize students that uplift and support the community through acts of leadership, advocacy, and volunteerism. Students may be nominated by peers, teachers, guidance counselors, mentors or any other individual that is a non-familial relationship. Each year, three (3) recipients will each be awarded a $5,000 Emerging Community Leader scholarship.  

These new scholarships are in addition to the Robert O. Pare scholarship that Centreville Bank has been offering since 2018. This scholarship recognizes students who are dedicated to making a difference through community service. The scholarship’s namesake honors Robert O. Pare who served Centreville Bank for 55 years and was instrumental in its success. Previously the Robert O. Pare scholarship was awarded to two (2) students, but starting in 2024, three (3) recipients will each be awarded a $5,000 Robert O. Pare scholarship.  
 
Centreville Bank will also award scholarships to children of employees graduating high school this year.
 
In total, $50,000 will be awarded to promising students that have exemplified behaviors that align with Centreville Bank’s commitment to bettering the communities it serves.  
 
"At Centreville Bank, we believe that scholarships are not just about financial support; they are about recognizing and nurturing the drive, dedication, and passion that students have for making a meaningful impact in their communities,” said Senior Vice President of Community Development, Paola Fernandez. “These scholarships reflect our dedication to supporting the next generation of both business innovators and community changemakers.”

Applications and nominations for all scholarships are due April 1, 2025, and can be submitted electronically on Centreville Bank’s website.  

Recipients must be:

•    Graduating high school seniors
•    Graduating from a high school located in Rhode Island, or towns located in Windham County or New London County, CT.
•    Accepted to a college, university, or trade school for the Fall 2025 semester.  

Applications/nominations will be reviewed by a selection committee, and scholarship finalists will be presented to the Centreville Bank Charitable Foundation Board in May 2025 for approval. Scholarship recipients will be notified by May 9, 2025.
 
About The Centreville Bank Charitable Foundation
The Centreville Bank Charitable Foundation was established as a nonprofit, charitable organization in 2008 by the Board of Trustees to further the philanthropic mission of Centreville Bank. The Foundation strives to support local community-based organizations tackling the most significant challenges and helping to meet the needs of underserved populations throughout Connecticut and Rhode Island. Grants are considered on a quarterly basis focusing on the following priority areas: education success, economic security, and capacity building. For more information, please visit www.centrevillebank.com/Community.
 
About Centreville Bank
Founded in 1828 and headquartered in West Warwick, Rhode Island, Centreville Bank is a full-service mutual bank with over $2 billion in assets and 21 locations throughout Rhode Island and eastern Connecticut. Centreville understands the unique financial needs of individuals, families and businesses and offers a wide range of personal banking and commercial banking products
 
and services including checking accounts, savings accounts, CDs, money market accounts, mortgages, business loans and more. Centreville is committed to its employees and the communities it serves, always striving to help people make progress and achieve their financial goals. That is progress on purpose. Visit centrevillebank.com, follow us on Facebook, LinkedIn and Instagram, or come into a branch or office to learn more.